I see you provided several charts. To ensure that the charts I analyze match your post, please specify which one you would like me to analyze. I will use the first chart I see that I have not analyzed before, which is the one at 0.001740 (Meme token). $MEME E/USDT 1-Hour Technical Analysis: Short Trading Signals Current Price: $0.001740 Moving Average Analysis (MA Crossover/Resistance): * The price has fallen below the short-term MA (7) ($0.001760) and is trading near the MA (25) ($0.001733) and MA (99) ($0.001737). * The MA (7) (yellow) is crossing down below the lower MA, indicating a weakening of momentum after the rebound and immediate selling pressure. * The price is currently facing resistance from the MA (7). Crucially, the short-term trend has peaked and reversed from the recent high of $0.001833. The MA(25) and MA(99) cluster will act as a temporary support level, but a break below this cluster is imminent. Market Short-Term Outlook: The short-term market outlook is bearish consolidation with a downside bias. The rebound from the $0.001672 low has been blocked near $0.001800. The consecutive black candlesticks and the rapid downward reversal of the MA(7) strongly suggest a short-term downtrend. A retest of the recent lows is possible. Trade Setup: Short Entry * Entry: Open a short position on a confirmed candlestick close below the MA cluster, ideally around $0.001730 (after a break below the MA(25) and MA(99) support levels). * TP 1 (Target 1): Recent swing low of $0.001672. * TP 2 (Target 2): Lower support level $0.001650. * SL (Stop Loss): Place the stop loss safely above the current resistance level (i.e., MA(7) level), e.g. $0.001770. $MEME #MEME #MemeCoin #ShortSignal #CryptoTrading #TechnicalAnalysis
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